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|||||Pages|
|---|---|---|---|---|
|Trustees'|annual report (incorporating|the director's report)||1to 4|
|Independent
auditor's report to the members||||5to 9|
|Statement|offinancial
activities (including||income and expenditure||
|account)||||10|
|Statement|offinancial position||||
|Statement|ofcash flows|||12|
|Notes to|the financial
statements|||13to 19|
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|Reference|and administrative
d|and administrative
d|etails|etails|etails|||
|---|---|---|---|---|---|---|---|
|Registered|charity name||Side by Side School Ltd|||||
|Charity registration||number|1159524|||||
|Company|registration|number|08865604|||||
|Principal|office and registered||10Craven Walk|||||
|office|||London|||||
||||N16 6BT|||||
|The trustees|||MrJSorotzkin|||||
||||Mr IMoskovitz|||||
||||Mr JSchreiber|||||
||||Mr N Schreiber|||||
||||Mr SD Cohen|||Appointed|14January 2022|
|Company|secretary||Mr JSorotzkin|||||
|Auditor|||Cohen Arnold|||||
||||Chartered
accountants||Ik statutory|auditor||
||||New Burlington|House||||
||||1075Finchley Road|||||
||||LONDON|||||
||||NW11 OPU|||||
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|||||||2022||2021|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|||
||||||funds|funds|Total funds|Total funds|
|||||Note||||E|
|Income and endowments|||||||||
|Donations
and legacies||||5|1,793,945|237,950|2,031,895|729,066|
|Investment
income||||6|44||44|47|
|Total income|||||1,793,989|237,950|2,031,939|729,113|
|Expenditure|||||||||
|Expenditure
on raising funds:|||||||||
|Costs ofraising|donations||and||||||
|legacies||||7|29,153||29,153|21,586|
|Expenditure
on charitable||activities||8,9|96,033||96,033|13,887|
|Total expenditure|||||125,186||125,186|35,473|
|Net income and net|movement||in funds||1,668,803|237,950|1,906,753|693,640|
|Reconciliation
offunds|||||||||
|Total funds brought|forward||||2,315,228|45,000|2,360,228|1,666,588|
|Total funds carried|forward||||3,984,031|282,950|4,266,981|2,360,228|
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|Statement ofFinan
31January 2022|cial Position|||||
|---|---|---|---|---|---|
|||||2022|2021|
||||Note|g||
|Fixed assets||||||
|Tangible fixed assets|||13|7,690,614|4,133,322|
|Current assets||||||
|Debtors|||14|78,615|73,533|
|Cash at bank and in hand||||182,276|74,404|
|||||260,891|147,937|
|Creditors: amounts|falling due within|one year|15|712,006|930,545|
|Net current liabilities||||451,115|782,608|
|Total assets less current liabilities||||7,239,499|3,350,714|
|Creditors: amounts|falling due after|more than one year|16|2,972,518|990,486|
|Net assets||||4,266,981|2,360,228|
|Funds ofthe charity
Restricted funds||||282,950|45,000|
|Unrestricted
funds||||3,984,031|2,315,228|
|Total charity funds|||17|4,266,981|2,360,228|
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||||2022|2021|
|---|---|---|---|---|
|Cash flows from operating|activities||||
|Net income|||1,906,753|693,640|
|Adjustments for:|||||
|Other interest receivable and similar income|||(44)|(47)|
|Interest payable and similar|charges||10,853|169|
|Accrued expenses|||138,840|158,464|
|Changes in:|||||
|Trade and other debtors|||(5,082)|(73,533)|
|Trade and other creditors|||(83,139)|701,822|
|Cash generated
&om operations|||1,968,181|1,480,515|
|Interest paid|||(10,853)|(169)|
|Interest received|||44|47|
|Net cash &om operating
activities|||1,957,372|1,480,393|
|Cash flows from investing|activities||||
|Purchase oftangible assets|||(3,557,292)|(1,730599)|
|Net cash used in investing
activities|||(3,557,292)|(1,730,599)|
|Cash flows from financing|activities||||
|Proceeds from borrowings|||1,707,792||
|Net cash &om financing activities|||1,707,792||
|Net increase/(decrease)
in|cash and cash|equivalents|107,872|(250,206)|
|Cash and cash equivalents|at beginning|ofyear|74,404|324,610|
|Cash and cash equivalents|at end ofyear||182,276|74,404|
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|The charity is a company
limited by
Donations
and legacies|guarantee
and has no share capital|.||
|---|---|---|---|
||Unrestricted|Restricted|Total Funds|
||Funds|Funds|2022|
|Donations||||
|Donations|1,747,439|60,000|1,807,439|
|Legacies||||
|Legacies||||
|Grants||||
|Grants receivable|46,506|177,950|224,456|
||1,793,945|237,950|2,031,895|
||||||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2021|
||Donations|||||||
||Donations||||609,066||609,066|
||Legacies
Legacies||||120,000||120,000|
||Grants|||||||
||Grants receivable|||||||
||||||729,066||729,066|
|6.|Investment|income||||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2022|Funds|2021|
|||||||f,|f,|
||Bank interest|receivable||44|44|47|47|
|7.|Costs ofraising donations||and legacies|||||
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||||Funds|2022|Funds|2021|
||Fundraising|costs||29,153|29,153|21,586|21,586|
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|Expenditure
on charitable|activities b|y fund type||||
|---|---|---|---|---|---|
|||Unrestricted|Total Funds|Unrestricted|Total Funds|
|||Funds|2022|Funds|2021|
|Provision and development|offacilities|||||
|used by Side by Side||88,505|88,505|6,487|6,487|
|Support costs||7,528|7,528|7,400|7,400|
|||96,033|96,033|13,887|13,887|
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||||Activities||||
|---|---|---|---|---|---|---|
||||undertaken||Total funds|Total fund|
||||directly|Support costs|2022|2021|
|Provision and development||offacilities|||||
|used by Side|by Side||88,505||88,505|6,487|
|Governance|costs|||7,528|7,528|7,400|
||||88,505|7,528|96,033|13,887|
|Auditors
remuneration|||||||
||||||2022|2021|
|Fees payable|for the audit|ofthe financial|statements||7,200|7,000|
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|13.|Tangible fixed|assets|||||
|---|---|---|---|---|---|---|
|||||||Freehold|
|||||||property|
|||||||s|
||Cost||||||
||At I February 2021|||||4,133,322|
||Additions|||||3,557,292|
||At 31January|2022||||7,690,614|
||Depreciation||||||
||At 1February|2021|and 31January|2022|||
||Carrying
amount
At 31January
2022|||||7,690,614|
||At 31January 2021|||||4,133,322|
|14.|Debtors||||||
||||||2022|2021|
||Other debtors||||78,615|73,533|
|15.|Creditors: amounts||falling due within one year||||
||||||2022|2021|
||Trade creditors||||3,142|385,521|
||Accruals and deferred||income||304,504|165,664|
||Other creditors|- loan||||50,000|
||Other creditors||||404,360|329,360|
||||||712,006|930,545|
|16.|Creditors: amounts||falling due after|more than one year|||
||||||2022|2021|
||Bank loans and overdrails||||1,707,792||
||Other creditors||||1,264,726|990,486|
||||||2,972,518|990,486|
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|Unrestricted
funds||||||
|---|---|---|---|---|---|
||||||At|
||At|I February|||31January|
|||2021
f|Income
f|Expenditure|2022|
|General funds||2,315,228|1,793,989|(125,186)|3,984,031|
||At|I February||At 31January||
|||2020
f|Income|Expenditure
f|2021|
|General funds||1,621,588|729,113|(35,473)|2,315,228|
|Restricted funds||||||
||||||At|
||At|I February|||31January|
|||2021|Income|Expenditure|2022|
|||||f||
|Restricted Fund||45,000|237,950||282,950|
||At|I February||At 31 January||
|||2020|Income|Expenditure
f|2021
f|
|Restricted Fund||45,000|||45,000|
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|Analysis ofnet asset|s between funds||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|Tangible fixed assets
Current assets||7,435,614
232,941|255,000
27,950|7,690,614
260,891|
|Creditors less than
1 year
Creditors greater than
1 year||(712,006)
(2,972,518)||(712,006)
(2,972,518)|
|Net assets||3,984,031|282,950|4,266,981|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
||||E||
|Tangible fixed assets
Current assets||4,088,322
147,937|45,000|4,133,322
147,937|
|Creditors less than
1|year|(930,545)||(930,545)|
|Creditors greater than|1 year|(990,486)||(990,486)|
|Net assets||2,315,228|45,000|2,360,228|
|Analysis ofchanges|in net debt||||
|||||At|
|||At 1 Feb 2021|Cash flows|31Jan 2022|
|||||t|
|Cash at bank and in hand||74,404|107,872|182,276|
|Debt due after one year|||(1,707,792)|(1,707,792)|
|||74,404|(1,599,920)|(1,525,516)|
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